1.” Business decision making is an economic process.” Analyze this statement with the help of examples.
2. Does the structure and growth of public sector matches with its objectives? Explain with the help of an example.
3.’ A long term strategy is imperative to achieve a consistent high export growth, control POL imports and achieve a sound BOP position.’ Critically evaluate this statement in the light of BOP crisis faced by India.
4. ‘Economic reforms have taken into account growth but ignored equity.’ Briefly explain this statement.
5. What are the basic functions of money? Explain in detail the derivative functions of money.
6. Write short notes on
a) Economic Environment
b) Public Accountability
c) Industrial Policy of 1956